What is an Dooggies – Legacy?
Dooggies – Legacy are a non-fungible tokens collection built on the Ethereum network launched in 6 April, 2021. 9,931 items of the Dooggies – Legacy collection can now be viewed at OpenSea.
How many owners does the Dooggies – Legacy collection have?
The total number of owners has reached 2929 within 683 days since its release.
NFT Collection Dooggies – Legacy Price and Sales
The market capitalization of Dooggies – Legacy NFT collection is 410.77 ETH. Since created the Dooggies – Legacy, 21,503 collections sales were made at an average price of 0.14 ETH (~$242.47 at the time of writing). This created a total volume in 3,054.427 ETH. The floor price of Dooggies – Legacy is 0.0419 and the 30-day trading volume is kept at 3.25 ETH. The payment tokens of the Dooggies – Legacy collection are ETH, DAI, WETH, USDC.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the Dooggies – Legacy Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Dooggies – Legacy collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the Dooggies – Legacy collection is developed and promoted by its creators and community.
Dooggies – Legacy NFT Collection Examples
Dooggies – Legacy fees
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Dooggies – Legacy editors list
The approved editor’s accounts of Dooggies – Legacy collection are 0x73a77f5108db8c21041701561e436f0354f632f2.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.